Gold: Yellow metal trading on a stronger footing this morning

Posted on May 16, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.1% against the USD and closed at USD1230.80 per ounce, as mounting tensions over North Korea lifted demand for the precious yellow metal. In the Asian session, at GMT0300, … Continue reading →

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Crude Oil: Oil trading on a stronger footing this morning

Posted on May 15, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.19% against the USD and closed at USD47.90 on Friday, amid expectations that OPEC-led production cuts could be extended beyond the middle of 2017. Separately, Baker Hughes … Continue reading →

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Silver: White metal extends its gains in the Asian session

Posted on May 15, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.7% against the USD and closed at USD16.44 per ounce on Friday. In the Asian session, at GMT0300, the pair is trading at 16.50, with the silver trading 0.33% … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on May 15, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.23% against the USD and closed at USD1228.00 per ounce on Friday, as softer economic data from the US increased demand for the precious yellow metal. In the Asian … Continue reading →

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Crude Oil: Oil trading higher in the Asian session, ahead of Baker Hughes rig count data

Posted on May 12, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.91% against the USD and closed at USD47.81 per barrel, after oil ministers of Iraq and Algeria stated that they support deal to extend crude production cuts … Continue reading →

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Silver: White metal extends its gains in the Asian session

Posted on May 12, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.8% against the USD and closed at USD16.33 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.39, with the … Continue reading →

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Gold: Yellow metal trading on a stronger footing this morning

Posted on May 12, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.53% against the USD and closed at USD1225.40 per ounce, amid weakness in global equity markets. In the Asian session, at GMT0300, the pair is trading at 1226.60, with … Continue reading →

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Crude Oil: Oil extends its gains in the morning session

Posted on May 11, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 2.69% against the USD and closed at USD47.38 per barrel, after the Energy Information Administration (EIA) reported a significant drawdown in US crude stockpiles. The EIA indicated … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on May 11, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver traded flat against the USD and closed at USD16.20 per ounce. In the Asian session, at GMT0300, the pair is trading at 16.23, with the silver trading 0.22% higher from … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on May 11, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, the Gold declined 0.43% against the USD and closed at USD1218.90 per ounce, amid strength in global equity markets. In the Asian session, at GMT0300, the pair is trading at 1220.70, … Continue reading →

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Crude Oil: Oil trading higher, ahead of EIA’s weekly crude oil inventories data

Posted on May 10, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.86% against the USD and closed at USD46.14 per barrel, after the Energy Information Administration (EIA) lifted its near-term outlook for US crude production. The EIA expects … Continue reading →

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